PPP Loan information for Cumberland telephone company

$46,500

Cumberland telephone company was initially approved for PPP Loan of amount $46,500, the current approved amount is $46,500. The loan was approved on 04/13/2020 by The Houghton State Bank reported 7 jobs and $46,500 was used to fund payroll.

Cumberland telephone company is Existing or more than 2 years old

PPP Loan Search / IA / CUMBERLAND / Cumberland telephone company

CUMBERLAND TELEPHONE COMPANY

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CUMBERLAND TELEPHONE COMPANY

Borrower Address

121 MAIN ST

Borrower City

CUMBERLAND

Borrower State

IA

Borrower Zip

50843-0020

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46500.00

Current Approval Amount

46500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMBERLAND

Project County Name

CASS

Project State

IA

Project Zip

50843-0020

CD

IA-03

Jobs Reported

7

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46740.25

Forgiveness Date

10/21/2020

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